Gold Price Drops in Pakistan by Rs 2,100 per Tola

Gold prices in Pakistan witnessed a significant decline on Tuesday, reflecting a downward trend in the international market.

According to market reports, the price of gold per tola in Karachi decreased by Rs 2,100, bringing the new rate to Rs 477,862. Similarly, the price of 10 grams of gold dropped by Rs 1,801, reaching Rs 409,689.

The کاهش in local gold prices follows a dip in the global market, where gold fell by $21 per ounce, settling at $4,555 per ounce.

Meanwhile, silver prices also recorded a decline in the domestic market. The price of silver per tola in Karachi dropped by Rs 65, bringing it down to Rs 7,849.

Market analysts suggest that fluctuations in international bullion rates continue to directly impact local gold and silver prices in Pakistan, causing frequent changes in daily rates.